Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
larry_vw_1955
on 11/05/2023, 22:49:40 UTC

One CPU-One Vote is an important concept because when you go to elect a president, no matter how much money you have, you can only vote once.
yeah we've long since gotten rid of that notion when it comes to bitcoin mining though. which is unfortunate.

Quote
In the current state of PoW, you can have millions of votes in your possession and get away with it.
which is a bad thing. it increases centralization, decreasing decentralization. makes bitcoin less democratic and more egalitarian. emphasizing inequality rather than equality.  Angry